Inflation in Kuwait edged down to 2.78% Y-o-Y in May from 2.85% Y-o-Y in April, but remained steady on a monthly basis after falling 0.07% M-o-M in April. Food and beverages prices slowed to 2.07% Y-o-Y in May from 2.62% Y-o-Y in April, and fell 0.2% M-o-M after falling 0.46% M-o-M in April. (Bloomberg)
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